Cable Forum - View Single Post - Liz Truss Resigns [Who'll be the next Prime Minister?]

tweetiepooh · 28-09-2022, 10:36

Many buyers want housing prices to fall. If the fall is evenly split across the market (big house prices fall as much as small houses) then it may allow people to move up freeing properties to move in. Even if you are an owner as long as not selling then a drop in house prices is less an issue unless over borrowing. It could also lower interest in buying up property for investment except it may not, if prices drop and people with capital then see investment opportunity it doesn't help at all.

28-09-2022, 10:36	#403
tweetiepooh Virgin Media Employee Join Date: Sep 2005 Location: Winchester Services: Staff MyRates BB: VM 1Gb TV: VM XL Phone : VM XL Posts: 3,292	Re: New Prime Minister: Liz Truss Many buyers want housing prices to fall. If the fall is evenly split across the market (big house prices fall as much as small houses) then it may allow people to move up freeing properties to move in. Even if you are an owner as long as not selling then a drop in house prices is less an issue unless over borrowing. It could also lower interest in buying up property for investment except it may not, if prices drop and people with capital then see investment opportunity it doesn't help at all. __________________ I work for VMO2 but reply here in my own right. Any help or advice is made on a best-effort basis. No comments construe any obligation on VMO2 or its employees.